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Property for sale
14-16 Cumberland Road, Greenock, PA16 0TW
£145,000
14-16 Cumberland Road, Greenock, PA16 0TW
£145,000
Price History
Initial price | £175,000 |
24/05/25 | £145,000 |
Price Change | -17.14% |
Description
This prime commercial property investment opportunity is located in a busy main road in Greenock, Scotland, and is currently tenanted at £1,334 per month, producing an excellent yield. The property has a rateable value of £4,600, ensuring low overheads, and a secure lease in place with 17 years remaining. The property benefits from a fantastic long-term tenant in situ, producing a monthly cash flow of £1,334, and is situated in a sought-after location with large daily footfall. With a prime location, excellent visibility, and a low rateable value, this property is an attractive opportunity for commercial investors looking for a high-yielding asset. The property is being offered at a fantastic price to ensure an auction sale, and will feature in an upcoming timed online auction.